Trion Worlds Tells Court: Company Disbanded, All Employees Terminated

October 29th, 2018 Connor

(Update10/31/18): Files from a case management conference held on 10/26 have been published. It looks like the council will continue discussing a plan of action moving forward. A CMC has been scheduled for November 19, and we will post an updated piece should anything important be confirmed.

The new document has been uploaded to the Google Drive folder linked at the end of the article.

“The situation was discussed in general among counsel and the Court, and it was agreed that counsel would continue to discuss the situation to keep up to date and formulate plan of action for this case under the circumstances. Defense counsel agreed to seek approval of the Defendant client to provide information about the subject transactions to Plaintiffs’ counsel under confidentiality order. It was agreed to defer setting of class certification, and discovery plan until the next CMC.”

Original Story: One week ago, we learned that Trion Worlds had been acquired by Gamigo with at least 75% of the staff laid off. MMO Fallout has come across a document filed with the San Mateo County Court on October 26 describing that Trion Worlds has disbanded, all of its employees have been terminated, and its directors are gone.

Defendant’s counsel reporter that Trion Worlds has suddenly disbanded this week. All assets and
property were assigned to Trion Worlds (ABC) LLC, and they proceeded to sell the assets and intellectual
property to others, particularly Gamigo, a Germany-based game publisher. All of the employees of Trion
have been terminated effective October 22, 2018, i.e. immediately upon the announcement, and its
directors and officers are gone and the company will be dissolved.

In another case management conference statement filed October 25, Trion’s lawyers noted that they themselves were not aware of the transfer or dissolution until October 18.

Defense counsel first became aware on October 18, 2018 of the transfer of assets of TWI to take place on October 22, 2018 and the corporate dissolution of TWI to follow shortly thereafter. Defense counsel has been actively investigating and assessing since that time the status of TWI-ABC with respect to the claims presented in this action.

Lawyers for the former Trion Worlds have requested a 14 day continuance in order to allow the defense to advise the court and plaintiffs on the impact of the dissolution.

As always, MMO Fallout has made the dockets available via Google Drive at the link below.